16 930 S Myrtle Ave Deep Insights For Homebuyers

930 s myrtle ave deep refers to a specific residential parcel located on South Myrtle Avenue in the heart of the historic district of Dayton, Ohio. For instance, the two‑story brick bungalow at this address was built in 1924 and retains original hardwood floors and a period‑appropriate front porch.

The location holds significance for both heritage enthusiasts and modern investors. Its proximity to downtown, combined with a well‑preserved streetscape, offers benefits such as strong resale potential, access to public transit, and a sense of community rooted in early 20th‑century architecture.

This article explores the address in depth, covering architectural details, market performance, neighborhood amenities, legal considerations, and future outlook, equipping prospective buyers and researchers with a comprehensive view.

1. Overview of 930 s myrtle ave deep

The property occupies a standard lot size of approximately 0.25 acres, featuring a front setback of 30 feet and a rear yard that extends 45 feet. Built during the post‑World War I housing boom, the structure reflects the Craftsman style popular in the Midwest.

Current ownership records indicate a single‑family use, with the last sale occurring in 2019 for $185,000. The address falls within the Dayton School District, a factor that often influences buyer interest in the region.

2. Architectural Features

• Original Woodwork

  The interior retains oak trim, window casings, and built‑in cabinetry, providing authenticity and reducing renovation costs for preservation‑focused buyers.

• Front Porch

  A spacious, column‑supported porch offers outdoor living space and contributes to the curb appeal that attracts neighborhood visitors.

• Roof Structure

  The gabled roof, covered with reclaimed slate tiles, combines durability with historic character, exemplifying long‑term maintenance advantages.

• Basement Layout

  A full‑height basement includes a separate utility area and a finished recreation room, expanding usable square footage without altering the footprint.

3. Market Performance

Over the past five years, property values in the South Myrtle corridor have appreciated at an average annual rate of 4.2%, outpacing the broader Dayton market. This trend reflects sustained demand for homes that blend historic charm with modern convenience.

Rental yields for similar properties hover around 6.5%, making the address attractive for investors seeking balanced cash flow and long‑term equity growth. Seasonal fluctuations are modest, with peak activity in spring and early summer.

4. Neighborhood Amenities

• Public Transportation

  The nearby bus stop on Main Street provides direct routes to downtown, reducing reliance on personal vehicles and enhancing commuter appeal.

• Parks and Recreation

  Riverfront Park, a 12‑acre green space, lies within a 10‑minute walk, offering walking trails, playgrounds, and community events that enrich resident lifestyle.

• Shopping District

  The historic Main Street shopping corridor features boutique retailers, cafés, and a farmer’s market, fostering a vibrant local economy.

• Healthcare Access

  Dayton Medical Center is situated five miles away, ensuring prompt medical services for families and seniors alike.

5. Investment Considerations

Potential investors should evaluate renovation costs against projected resale value. Preservation tax credits may offset a portion of restoration expenses, particularly for the original woodwork and roof materials.

Risk factors include zoning restrictions that limit commercial conversions and the need for periodic maintenance of historic elements. However, the strong community association often supports grant programs for façade improvements.

6. Legal and Zoning Details

• Zoning Classification

  The parcel is designated as R‑1 Single‑Family Residential, permitting detached dwellings, accessory structures, and limited home‑based businesses.

• Historic Overlay

  An overlay district requires adherence to design guidelines for exterior alterations, preserving the visual integrity of the streetscape.

• Easements

  An existing utility easement runs along the rear boundary, affecting future expansions such as a detached garage or accessory dwelling unit.

• Title Encumbrances

  Current title reports show no liens, providing a clear path for transfer and financing.

7. Future Development Outlook

The city’s comprehensive plan identifies the South Myrtle corridor as a priority area for mixed‑use infill, potentially introducing complementary retail spaces that could increase foot traffic and property desirability.

Anticipated infrastructure upgrades, including street resurfacing and enhanced lighting, are slated for completion within the next two years, further bolstering the address’s appeal to both families and investors.

Frequently Asked Questions

Common inquiries about the property are addressed below.

Question 1: What is the current assessed value of 930 s myrtle ave deep?

The latest municipal assessment lists the property at $190,000, reflecting recent market adjustments and recent interior upgrades.

Question 2: Are there any historic preservation incentives available?

Owners may qualify for state historic tax credits that cover up to 20% of qualified renovation costs, provided alterations meet the local preservation standards.

Question 3: How long does the typical closing process take for this area?

Closing timelines average 30‑45 days, contingent on clear title, financing approval, and completion of any required inspections.

Question 4: What schools serve the 930 s myrtle ave deep address?

The property falls within the Dayton School District, feeding into Oakwood Elementary, Riverside Middle, and Dayton High School, all noted for solid academic performance.

Question 5: Is the neighborhood safe for families?

Crime statistics from the local police department show a lower-than‑city‑average rate of property crimes, and community watch programs further enhance safety.

Question 6: Can the basement be legally finished?

Finishing the full‑height basement complies with R‑1 zoning, provided egress windows meet fire safety codes and proper permits are obtained.

Tips

Effective strategies for navigating the 930 s myrtle ave deep purchase process are outlined below.

Tip 1: Verify zoning compliance. Confirm that intended uses align with R‑1 regulations to avoid future legal hurdles.

Tip 2: Engage a preservation specialist. Expert guidance can maximize tax credit eligibility and ensure authentic renovations.

Tip 3: Conduct a thorough home inspection. Focus on roof integrity, foundation stability, and historic woodwork condition.

Tip 4: Review utility easements. Understanding easement constraints prevents costly redesigns of accessory structures.

Tip 5: Assess neighborhood trends. Monitor local market data to gauge appreciation potential and rental demand.

Tip 6: Secure financing early. Pre‑approval streamlines the closing timeline and strengthens negotiating position.

Tip 7: Budget for preservation costs. Allocate funds for specialized materials and skilled craftsmen required for historic features.

Tip 8: Explore grant opportunities. Municipal programs may offer matching funds for façade improvements.

Tip 9: Consider future resale. Maintain original elements that appeal to heritage‑focused buyers.

Tip 10: Map out transportation options. Proximity to bus routes adds value for renters and commuters.

Tip 11: Research school district performance. Strong schools enhance property desirability and resale price.

Tip 12: Factor in property taxes. Review the latest tax bill to incorporate ongoing costs into budgeting.

Tip 13: Plan for landscaping. Historic curb appeal often benefits from period‑appropriate plantings.

Tip 14: Verify title clarity. Ensure no hidden liens or encumbrances exist before finalizing purchase.

Tip 15: Engage a local realtor. An agent familiar with historic neighborhoods can provide nuanced market insights.

Tip 16: Anticipate future development. Stay informed about city plans that may affect property values and community character.

Conclusion

The address 930 s myrtle ave deep embodies a blend of historic charm, solid market performance, and community amenities, making it a compelling option for both homeowners and investors. By understanding architectural details, zoning rules, and future development trajectories, stakeholders can make informed decisions that align with financial goals and preservation values.

Continued attention to neighborhood evolution and preservation incentives will ensure that this property remains a valuable asset in the years ahead.